[Alchip Technologies Ltd.] Announcement of Board Resolution Not to Continue with the Private Placement of Common Shares Approved at the 2025 Ordinary Shareholders' Meeting
Alchip Technologies Ltd. announced that its board of directors decided on May 13, 2026, not to proceed with the remaining issuance of private placement common shares approved at the 2025 shareholders' meeting. This is due to no plans to continue the private placement within the remaining issuance period. Of the original limit of 1.5 million shares, 942,675 shares will remain unissued.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:24 (1h 23m after Collected)
1. Date of Board Resolution Change: 2026/05/13
2. Original Plan Effective Date: 2025/05/29
3. Supplementary Issuance Date: Not applicable
4. Reason for Change:
(1) The Company's ordinary shareholders' meeting on May 29, 2025, approved a private placement of common shares not exceeding 1,500,000 shares, to be executed within one year from the date of the shareholders' resolution, either in a single issuance or multiple (up to three) issuances within that year.
(2) After the Company completed the first private placement on May 13, 2026, there is a remaining private placement quota of 942,675 shares. As there are no plans to continue with private placement of common shares within the remaining issuance period, the Company will not proceed further, and this case will be reported at the 2026 ordinary shareholders' meeting.
5. Capital Raising Plan Before and After Previous Changes: Not applicable
6. Estimated Execution Progress: Not applicable
7. Estimated Completion Date: Not applicable
8. Estimated Potential Benefits: Not applicable
9. Difference from Originally Estimated Benefits: Not applicable
10. Impact of This Change on Shareholder Equity: Not applicable
11. Summary of Underwriter's Original Evaluation Opinion: Not applicable
12. Other Matters to be Stated: None
2. Original Plan Effective Date: 2025/05/29
3. Supplementary Issuance Date: Not applicable
4. Reason for Change:
(1) The Company's ordinary shareholders' meeting on May 29, 2025, approved a private placement of common shares not exceeding 1,500,000 shares, to be executed within one year from the date of the shareholders' resolution, either in a single issuance or multiple (up to three) issuances within that year.
(2) After the Company completed the first private placement on May 13, 2026, there is a remaining private placement quota of 942,675 shares. As there are no plans to continue with private placement of common shares within the remaining issuance period, the Company will not proceed further, and this case will be reported at the 2026 ordinary shareholders' meeting.
5. Capital Raising Plan Before and After Previous Changes: Not applicable
6. Estimated Execution Progress: Not applicable
7. Estimated Completion Date: Not applicable
8. Estimated Potential Benefits: Not applicable
9. Difference from Originally Estimated Benefits: Not applicable
10. Impact of This Change on Shareholder Equity: Not applicable
11. Summary of Underwriter's Original Evaluation Opinion: Not applicable
12. Other Matters to be Stated: None